Hi. I thought I would post because some of you might find it interesting that a normal "housewife" might get into something like this. Granted, I am married to a computer programmer which is how I found out about bitcoin, but I am now probably more obsessed with it than he is and I am the one here on the board and checking the charts in an obsessive manner. He mentioned it to me a couple years ago. I shrugged it off. I vaguely remember saying maybe we should by a few just in case it becomes something. He said he was worried about the Feds knocking on our door thinking we were into some illegal activity so I said, "Hmmmm. Probably better not to invest." I did not understand it could be done in a pretty anonymous way so I wish I would have argued more. 
Skip ahead to March of this year. We decide to invest for the first time. (Hubby read that there was going to be some regulation for withdrawing more than $10,000 without reporting which would help with money laundering so in a way it was a stamp of approval we needed to feel more comfortable buying in) We bought at about $48. Not alot of coin, just 8 or so. Then it went crazy! We thought at $90 we should by more, then at $120 even more and we finally stopped at $145. Granted, we should have sold at $250 or then repurchased more (we have used all of the money we could play with at this point) but we had never seen anything like the growth so we had no idea what it was going to do. We decided to just to hold the amount we have and ride out the wave. We did not invest anything more than we can afford to lose. It is still so volatile, but it is exciting too. It feels like a gamble in a way, but I see it as more of an investment in something new that has a really good chance of taking off in the future. There are some people that have good reason to believe that they could be worth $1000, to $100,000 or even $1,000,000 a coin someday. It is hard to imagine but we really don't know. People are so caught up in the risk of investing. What about the risk of NOT investing? Opportunities like this may never come up again in our lifetime.
Skip ahead to March of this year. We decide to invest for the first time. (Hubby read that there was going to be some regulation for withdrawing more than $10,000 without reporting which would help with money laundering so in a way it was a stamp of approval we needed to feel more comfortable buying in) We bought at about $48. Not alot of coin, just 8 or so. Then it went crazy! We thought at $90 we should by more, then at $120 even more and we finally stopped at $145. Granted, we should have sold at $250 or then repurchased more (we have used all of the money we could play with at this point) but we had never seen anything like the growth so we had no idea what it was going to do. We decided to just to hold the amount we have and ride out the wave. We did not invest anything more than we can afford to lose. It is still so volatile, but it is exciting too. It feels like a gamble in a way, but I see it as more of an investment in something new that has a really good chance of taking off in the future. There are some people that have good reason to believe that they could be worth $1000, to $100,000 or even $1,000,000 a coin someday. It is hard to imagine but we really don't know. People are so caught up in the risk of investing. What about the risk of NOT investing? Opportunities like this may never come up again in our lifetime.